Andrews Pitchfork (Median Line)

GBPJPY

GbpNzd H4

Very nice entry! look to put profit stops above swing highs on the way down, below swing lows on the way up

EurJpy daily

UsdJpy daily

DJ daily

Possible trades tonight

Tonights trades. GBPCAD had a nice reaction from last nights setup. Few others blew through the ML to opposite side on news reaction.

Looks like the price blew through the lower ml on usdcad and stopped me put. After a second look the setup, it appears I misjudged the price flow. If we looked at the correct setup we will notice that the reaction swing coming from a short wash did not take put any opposing supply areas therefore market structure tells us that maret flow is still still down. Reexamination of the setup with correct market context yelleded a different result. This is one of the major weakness of median lines. It extremely subjective to traders misinterpretation of the markets context. Personally I find it very fruatrating.

Gbpchf on the other hand is looking good.will. look to go short at red arrow after a wash on previous swing, concidering that price shows me that selling pressure in tat area.

More detailed analysis of the setup and my interpretation of market context for probable reversal to downside

I just looked at this - its not a pair I trade and I think it looks good - it's a shame it's setting up so late in the week.

And I agree with what you say about the median lines being dependent on the subjective interpretation of market context/flow. It's taken me a while to really understand that - but once one knows what the problem is then it become possible to work at a solution

It's all about maret structure highs, lows and how they are taken out out to opposite side in combination with price contraction and expansion that tells me what the price is doing. Contraction on swing and line level.

Saturday morning analysis. This is how i would trade range terminal. Of course, it's different in when trading live.

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Hi all,

I have started studying Andrews pitchfork, right now I'm working with Integrated Pitchfork Analysis: Basic to Intermediate Level
by Mircea Dologa. What other books/sites would you recommend?

Looking forward to contributing here.

Thanks,

Al

Hi AlexanderE,

www.marketgeometry.com (Tim Morge) is one of the best .
There are some videos on the InteractiveBroker site.

I have some documents that may be of help. Let me know your email I can forward you some stuff.

Thanks for the replies I'm going to get to work looking at those links you sent. What are your names? I'm guessing the second is Anton? And I have messaged you my email address, really appreciate that.

Alex